Is your changing room ready for the new pound coin?

Monday, 1 August 2016 | Admin

The shape of today's pound coin has remained the same for over 30 years, which helps to explain why there is £45m worth of counterfeit pound coins in circulation today. To protect the integrity of the currency, from March 2017 the Royal Mint will introduce a new 12-sided coin that incorporates anti-counterfeiting technology.

While the Royal Mint expects the new features to safe-guard the coin against counterfeiting, it will come at a considerable cost to gyms, sports centres and local authorities that will have to upgrade or replace coin-operated equipment...read more (page 44)